An order to buy or sell a security at a specified price only if the stock trades at the limit price or better when the market opens and to cancel the order automatically if it cannot be filled. Compare to Limit Order.
Related information about limit on open (LOO):
- Limit-on-Open (LOO) Orders
A Limit-on-Open (LOO) order is a limit order submitted at the market's open. The order must execute at the limit price or better. Orders are filled in accordance ...
- What is limit on open (LOO)? definition and meaning
Definition of limit on open (LOO): An order to buy or sell a security at a specified price only if the stock trades at the limit price or better when the market opens ...
- Order (exchange) - Wikipedia, the free encyclopedia
Combined with price instructions, this gives market on close (MOC), market on open (MOO), limit on close (LOC), and limit on open (LOO). For example, a ...
- The NASDAQ Opening and Closing Crosses - NasdaqTrader
Market-on-open (MOO) and limit-on-open (LOO) orders must be received prior to 9:28 a.m.. Quotes and System Hours Orders: Eligible for the cross except for ...
- Can I trade advanced price types? « OptionsHouse
Limit on Open (LOO): An order that will execute at the market open if the opening price is at or better than the submitted limit price. Market on Close (MOC): A ...
- NYSE Arca Adds Market-on-Open and Limit-On-Open
Apr 19, 2012 ... On Monday May 21, 2012, NYSE Arca will begin accepting Market-on-Open (“ MOO”) and Limit-on-Open (“LOO”) orders. Currently, customers ...
- NYSE Open and Closing Auctions - New York Stock Exchange
Market Order. • Market on Open (MOO). • Limit on Open (LOO). • Immediate or Cancel Orders (IOC). • Intermarket Sweep Order (ISO). Open Timeline. 7:30am ...
- MB Trading - Ordertypes
Equity and Forex order types supported by MB Trading. ORDER TYPE. Market-If- Touched Limit-If-Touched Limit Limit-on-Open (LOO) Limit-on-Close (LOC) ...